South Korea’s Banking Giants Eye Stablecoins In Talks With Tether, Circle
South Korea’s biggest banks are reportedly in talks with Tether and Circle to discuss potential stablecoin partnerships and distribution in the country. Four Major South Korean Financial Groups Looking Into Stablecoins As reported by YonHap, major South Korean financial groups will see their top executives meeting with Tether and Circle this week. Tether and Circle […]
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South Korea’s financial authority is expected to release the long-awaited regulatory framework next quarter, offering clear guidelines for the issuance and distribution of won-pegged stablecoins. Related Reading: Crypto Clampdown: South Korea’s Jeju City Goes After Suspected Tax Evaders Stablecoin Guidelines By October On Monday, local news media outlets reported that South Korea’s financial regulator, the […]
Tether and Circle, issuers of the two largest stablecoins in the world, have just received major regulatory greenlights in UAE’s Abu Dhabi. Tether’s Stablecoin Recognized As ARFT, While Circle Obtains FSP License Major developments related to the cryptocurrency sector have occurred in the United Arab Emirates (UAE) this week, with Tether and Circle both winning […]
Stablecoins are in hot water in The States… or are they? The U.S. Senate Banking Committee sent letters to Circle, Tether Holdings Ltd., “Coinbase, Gemini, Paxos, TrustToken, Binance.US, and Centre.” What do these companies have in common? They all issue stablecoins pegged to the US Dollar. Is the US government doing a serious inquire this […]
The stablecoin market is once again making headlines as two of the largest issuers, Tether (USDT) and Circle (USDC), significantly expanded supply in just hours. According to data shared by Lookonchain, Tether minted another 1 billion USDT, while Circle printed 500 million USDC only seven hours earlier. These issuances highlight how stablecoins continue to play […]
Upbit, one of South Korea’s largest crypto exchanges, reported a major loss after a Solana-network hot wallet was emptied early on November 27, 2025. Related Reading: Stablecoins Push Forward With US Bank Testing Payments On Stellar According to reports, about 54 billion Korean won — roughly $36–37 million — was taken in what the company […]